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Search Results 0 to 6 of about 7 (some duplicates have been removed)
and a hat for 38 bucks. >> add a cup of coffee and a hot dog. >> while we use the word trousers, bob pisani is here watching what's good morning, bob. >> happy monday, everybody. did you notice the market. nice rally here. again, the market is demonstrated that it believes a deal on the fiscal cliff is coming. i know. i didn't hear it over the weekend. headline risk was all anybody wanted to talk about on friday. if anybody says that a deal is not happening or it's going nowhere, we could wake up down 15 points on the s&p on monday. guess what? boehner said the deal is going nowhere. now, when i call the bulls on this, they say, bob, they didn't say a deal was off. they just said so far the negotiations are going nowhere. the market still believes that a deal is coming and it's going to be a substantive deal. instead and by the way, geithner insisted on tax rates issues. looks like there may be something happening eventually. we didn't fall apart on the whole thing. even futures weren't down overnight. instead we rally on a little bit overnight on the greek deal and for those that don't kno
, bob, it's a fantasy. all of this goldilocks stuff is a fantasy. you cannot get strong growth with rising taxes and lower spending. that's not going to happen. you cannot have unlimited stimulus that is not going to cause inflation. that's just a fantasy. so there's a real fight going on. none the less, have you noticed, gold being sold, buying the euro, it seems a weird trade going on here affecting the markets. this was going on yesterday as well. this may have to do with the yen. the yen is hitting new lows against the dollar. it's hitting new lows against the euro. have you seen what's going on with the japanese elections? the new prime minister told the bank of japan we want more stimulus. guess who's meeting thursday? the bank of japan. japan's exports fall for the sixth straight month. you are going to see the bank of japan on thursday announce new stimulus measures. you're going to see efforts to weaken the yen. it's going to get even weaker. that is the old yen carry trade. that may be where some of this money is coming from to do the odd little trades that seem to be
on the wealthy, the top 2%. listen now this is your colleague, senator bob corker of tennessee. you'll hear him use the word folks, we believe he's talking about his fellow republicans, such as yourself. take a listen. >> if there is a growing group of folks looking at this and realizing we don't have a lot of cards as it relates to the tax issue before year end, a lot of people are putting forth a theory and i actually think it has merit where you go and give the president the 2% increase that he's talking about, the rate increase on the top 2%, and all of a sudden the shift goes back to entitlement. >> senator snowe, i've read that you've expressed similar sentiments. do you sense more republicans moving in that direction? >> well, at least from the standpoint that, you know, it is possible that what could happen is that we pass the tax cuts for the middle class, that's what, you know, i've been -- get that off the table. we all agree on that. it is not an issue in disagreement. then you can focus on the top 2% of the american people who pay the top tax rates and, of course, entitlement spend
. in 30 minutes, senator bob corker and kent conrad. and at 9:00 eastern, representative scott garrett and sander levin. remember "squawk on the street." >> that's right. "squawk on the street" we have a lot to come, as well. the two senators we're talking with next, two members of the gang of eight now. we'll talk to them. guys we'll send it back to you right now. >> great. thanks, guys. appreciate that. we are now, though, going to flip it over to phil lebeau who is in new york and he's got breaking news. >> as expected we knew that delta was in negotiations to buy 49% stake in virgin atlantic. the deal has been completed. the price is $360 million for that delta will increase its access to heathrow. that's really the key here. 31 daily nonstop flights. that's all part of what goes between the uk and north america for virgin atlantic. the brand remains, guys. make that clear here. the virgin atlantic brand does not go away. what changes is that delta has a 49% stake in the company. there's going to be a press conference later this morning here in new york. we're going to be talking w
toss it to bob. bank of america continues its tear up 1.75% new 52-week high in today's session of 1064. on our radar this morning. let's send it over to bob with more on what's moving. >> happy friday. what a week. futures popped ten points on the jobs report even though october was revised downward rather notably. a good open. materials, techs, financials leading the way. i wish i could be more optimistic on the fiscal cliff. a gloomy commentary this morning. expectations are getting narrow. grand bargains are out and the idea of maybe the fallback position is pass a simple tax bill like the one the senate had. the simple bill here. you have tax cuts for middle class but not for people over 250,000. you have dividends and capital gains going to 23.8%. that's the senate bill. and that's it. you leave out estate tax and leave out payroll tax cut and unemployment extension and you leave that out. no delay in the sequestration. this is pretty thin gruel. this is what's tossed about and talked about today overall. is that enough to satisfy the markets? remember, the two requirements, got t
him to in michigan, senator inouye made his two lifelong friends, one senator bob dole, who as we know, became majority leader here in the senate and the republican nominee for president of the united states. and his other lifetime friend is the late senator phil hart, who was known as the conscience of the senate and the hart building, the massive senate office building, is named after him. asked by his son why after being classified as an enemy alien he and the members of the 442nd fought so heroically, senator inouye said in his usual, calm man, for the children. and for the children there could be no finer role model than senator dan inouye. he was a recipient of the medal of honor, a congressional gold medal, the highest honor can bestow. he served the distinguished service cross, a bronze star for valor and, of course, a purple heart. dan inouye showed the same dedication in congress he displayed on if battlefield. i want to take just a little bit here, mr. president, and talk about a meeting that i had, i mentioned it very previously last night but it was ten days ago. i knew se
Search Results 0 to 6 of about 7 (some duplicates have been removed)